About TELx

Welcome to TELx

TELx is a decentralized liquidity network powered by active Telcoin users on decentralized financial (DeFi) protocols. It functions as the self-custodial 'liquidity engine' of the Telcoin Platform’s user-owned products.

The goal of TELx is to offer a foundation for intuitive and affordable financial services, where user ownership of the network enables any TELx user to capture incentives that would typically be awarded to legacy financial institutions.

Traditional financial markets involve intermediaries and institutions that custody, execute, and settle transactions on behalf of their customers, often charging exorbitant fees and suffering from slow settlement times. TELx Markets are self-custodial and powered by a decentralized network of Telcoin users (TELx Liquidity Miners) on DeFi protocols. Transaction lifecycles are automated via smart contracts instead of intermediaries - with instant settlement.